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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Sidelines Mode (+50) - ARSCOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ARSCOP can gain momentum.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been DOWN since Sep 8th, 2022 at 31.3392490
The intermediate-term trend has been UP since Oct 17th, 2024 at 4.3360853
The short-term trend has been UP since Oct 17th, 2024 at 4.3360853
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.368824 | 4.368824 | 4.368824 | 4.368824 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.511588 | 2024-11-12 07:25:07 |